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Experts say those feeling the pain of the financial crisis the most are millennials. The generation has missed major milestones that past generations enjoyed in their 30’s and 40’s as a result of dealing with two major financial crises over the past decade.However, it may not be all gloom and doom for millennials. The economic cycles the generation has experienced early on could lead them to understand the economy and markets better, potentially leveraging that to greater future gains.Many millennials graduated and entered the workforce during the 2008 Great Recession. They were just hitting their prime, and then, this pandemic and a second major financial crisis hit.“It just feels not only like we can’t catch a break, but we can’t even get started without something coming along and taking away a lot of what we worked for,” said Erin Lowry.Erin Lowry is an author and wrote the books “Broke Millennial” and “Broke Millennial Takes on Investing”.“The big thing to consider for your financial future is this will be temporary,” said Lowry. "We are going to get through this just like we got through ’08.”Surveys conducted by the Urban Institute show at least 1 in 3 millennials are struggling financially right now, and millennials as a whole have less acclimated wealth at this stage in life than the prior generation. To change that, even during this recession, Lowry believes there are a few key things millennials can do.“You do want to think about doing, and I hesitate to say it like this, but the least damage currently,” said Lowry.She recommends minimizing the amount of debt you may need to take on to get through this economic downturn. Also, protect your credit scores as much as possible by making on-time payments.Pay the minimum if needed or contact your lenders to work out agreements that will not show missed payments on your credit report. In the future, you’ll want a healthy credit score to be able to qualify for mortgage loans or auto loans at a lower interest rate.Lastly, try to still contribute to your retirement plan even if it’s a little bit. If you are in a position where every penny counts right now, think about a time in the near future when you can start to again invest. That is important because, historically, the market will rebound.To recover on a better financial footing, you want to buy when the market is low, or down, and reap the gains as the economy recovers.“After 2008, we went on to have one of the longest bull runs in stock market history,” said Lowry. "We don’t know what is going to happen after the coronavirus recession, but you don’t want to miss out on potentially huge returns.”The possible advantage of going through two recessions early in life may be a better understanding of the economy and a stronger desire to understand the market, along with learning how to use the downturn as an opportunity for future gains. 2896
ESTERO, Fla. — A Florida man saved his dog from certain death after he wrestled an alligator that snatched the puppy and dragged the pooch into a pond."He just came out like a missile," 74-year-old Richard Wilbanks of Estero said of the gator that attacked Gunner, his cavalier King Charles spaniel.Wilbanks jumped into the water, pried open the gator's mouth and freed Gunner from the gator's jaws.The rescue was caught on camera by the Florida Wildlife Federation.Wilbanks told CNN that his hands were "just chewed up," but Gunner is doing OK."We live on a shared landscape," Florida Wildlife Federation spokeswoman Meredith Budd told WINK-TV in Fort Myers. "We don't just want to tolerate wildlife, but, rather, we want to thrive with wildlife on a shared landscape."Gunner now takes walks on a leash and away from the water's edge.This story was originally published by Peter Burke on WPTV in West Palm Beach, Florida 929

Families in South Texas and across the country are dealing with similar issues as nursing homes and other long-term care facilities as they restrict visitors to help protect vulnerable residents and staff from the coronavirus pandemic.While times have certainly changed for how people interact during this COVID-19 pandemic, the Solstice Senior Living Center hosted a “Hugs for Hope” event to help bridge the gap between family and friends in a creative way - with a “hugging booth.”“Hope for a better time, hope for a better place, for our residence, and for their families," Solstice Senior Living executive director Michelle Kelm said. "Hugs to make them feel like there is hope for our future, that this is not going to be our future forever."We will have contact with our families, and we will find ways to overcome anything that comes our way.”Families said the human touch with their relatives was especially comforting.“We have been up to visit him a couple of times where we could pass things to him," said Barbra Culp, who was visiting her 96-year-old father. "This is the first time we can actually touch him. I think it is great. I hope all the places do it."A sheet of plastic with holes and specialty sleeves may seem simple, but for the folks here at the Center, this divider is special.“It felt great; it would have felt better if we wouldn't have the gloves, and the thing in between us," said Carol Solovey, who visited her 89-year-old mother. "But it felt great."Others said they have been waiting months to reconnect with their loved ones."Oh, it felt amazing," said Kim Buchanan, who was visiting her mother. "It was something you didn't want to let go; you just want to keep holding her.""I have not been able to physically touch her since February. Solstice has done a great job of keeping our families protected. It has been a long time coming."The event was especially meaningful for Solstice Senior Living resident Judi Barraba.“I can't describe it...it has been so long," Barraba said. "Usually we are a huggy, huggy family. So not being able to do it for five or six months, it has been hard."Saturday's event could not have happened without the help of C-101 radio host Rex Gabriel, who helped families connect with their loved ones while following all CDC guidelines with his “Hugging Booth."“Everything is CDC-friendly. As you have seen, we are wiping down in between usage with two different kinds of cleaners in between each use," Kelm said. "Everybody is wearing masks, gloves, and we are asking that they all social distance. We have had all families wait in their cars till it is time to actually come up to receive their hug,” said Kelm.“It is actually like my heart is touching her heart. It is the closest we have been in months, and it is the closest you get to touch your loved ones. I also know that they are doing a great job of protecting them as well so we can see them after all this is done,” said Buchanan.While COVID-19 keeps people apart, the love of family and friends is still essential.Story was originally reported by Roland Rodriguez at KRIS 3104
Facebook released an announcement saying that they have helped register over 2 million people to vote.In the release, the social media company said they estimate they've helped register 2.5 million people across Facebook, Instagram and Messenger."With six weeks until Election Day and registration deadlines fast approaching in many states, this week we’re putting the full force of our platform behind this campaign to empower every eligible voter to make their voice heard in this election," Facebook said in the release.News of this comes 43 days ahead of the presidential election, and one day before National Voter Registration Day. 645
Families still returning home to San Diego after surviving the deadly earthquake in Mexico City.Jorge Jiron and his wife are back in the US after nearly 24 hours of chaos. "when it hit it started shaking real bad," he said. He was in a building that sits on the side of a canyon nearly 12 floors up. Suddenly, everything started to move. "\We were close to the exit, on your way out it is shaking hard but you're really paying attention to everybody and their instructions to get out," said Jiron. "Then, that's when you realize everything is shaking, the windows are shaking the hard, the electric poles are really moving, then you see people that are nervous."The 7.1 magnitude quake was crumbling buildings, shattering windows and sending debris flying through the air. "You're walking you're moving, so you don't realize how bad it is until you're actually standing in one place and you see everything moving around you. When you realize it's already stopped, it takes seconds."They were supposed to fly back to the US Tuesday night, but there was no way out. "The main road that goes to the airport was completely packed with cars. A 30-minute drive would have been 5 or 6 hours," said Jiron. 1241
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